ECO BUSINESS PARK I

ECO BUSINESS PARK I in Johor Bahru, Johor recorded 22 subsale transactions in 2022, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 248.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.30 million, with most transactions falling within a stable range of RM 1.71 million to RM 2.90 million, and a typical market range of RM 1.61 million to RM 3.10 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 248, with core pricing between RM 215 and RM 281. Market pricing typically extends from RM 213.50 to RM 282.50, reflecting moderate variation in unit pricing. With an IQR of RM 69.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.